Partnerships and S corporations must complete this form to report the amount of credit allocated to each partner or shareholder. These amounts must be reported to each partner or shareholder on line 33 of the Colorado K-1 (DR 0106K). Report the amounts allocated to nonresident partners or shareholders included in a composite return on DR 0349 (in addition to this form and DR 0106K). Do not complete this form for credit passing through a disregarded entity. List the disregarded entity parenthetically with the filing taxpayer on form DR 0349.
